Housing Market

housing market

REMI Network

Housing market more vulnerable to downturn

Canada's housing market has reaching a new vulnerability high as homes prices accelerate alongside ongoing overvaluation. 
home buyers

CondoBusiness

Home buyers mull alternatives in overheated market

Some Canadians who are dreaming of buying a home are considering their options as housing prices remain out of reach in many markets over the past year.
boomers

REMI Network

Condos low on list for boomers thinking of buying

A new survey from Royal LePage found that 35 per cent of this cohort is thinking of buying a home in the next few years.
condo sales

REMI Network

GTA condo sales above 10-year average

Condos, including units in low, medium and high-rise buildings, stacked townhouses and loft units, accounted for 2,396 new home sales in May.
condo prices

REMI Network

GTA condo price rises by 44% since 2017 housing peak

Condos have appreciated more than any other housing type in the GTA when comparing the average price from the housing peak in 2017 to today.
stress test

REMI Network

Stricter mortgage stress test won’t quell buying frenzy anytime soon

While it’s hard to predict the consequences of the new stress test, the move isn’t necessarily a silver bullet for a cooler housing market, experts say.
urban

REMI Network

Urban exodus in Ontario may be exaggerated

Small-town life appeals to only 18 per cent of big city residents who are considering selling their home in the next year.
Scarborough

REMI Network

Scarborough home values climb most during COVID

Properties purchased in Scarborough in the six months prior to COVID-19 have jumped in value by 25 per cent—appreciating more than other parts of Toronto, including the downtown core.
home sales

REMI Network

GTA home sales and listings down in April

Even though home sales in the GTA dropped 12.7 per cent in April compared to March, the market is still going strong.
foreign buyers

REMI Network

Feds greenlight ‘vacant home’ tax for foreign buyers

As of January 2022, the government is applying a 1 per cent annual tax on the value of non-resident and non-Canadian owned properties that are “vacant or underused.”
sellers' market

REMI Network

Extreme sellers’ market expected to let up in 2021

Although potential homebuyers may face less competition as the year goes on, a housing supply crisis looms in the background as prices go up and the population grows.
homeownership

REMI Network

Canadians see dismal future for homeownership

Beyond the hot housing market, 36 per cent of the under-40 crowd are abandoning their dreams of ever owning a home.
home prices

REMI Network

GTA home prices rise by up to 48% since COVID

Many people are relocating out of Toronto to the suburbs, driving home prices up. Here's where the highest appreciation is occurring.
housing market

REMI Network

Strong housing market to power through 2021

Some analysts predicted that mortgage defaults would rise during the pandemic, but this hasn't been the case.
supportive housing modular

REMI Network

One quarter of millennials bought a home during COVID

About 40 per cent have already racked up savings since the pandemic began, according to a new survey. The majority say remote work has made it more likely they will move further from employers.
home buying

REMI Network

Home-buying intent heats up during second wave

More people plan on buying a home compared to last summer, suggests newly released data analyzing housing expectations.
Scarborough

REMI Network

National home price up 9.7 per cent in Q4

Markham, Vaughan, Burlington, Pickering, Oakville. The average home price in all these Ontario-based cities increased by at least $100,000 last quarter, compared to 2019.